Benchmark almost never backs hardware startups. So Eric Vishria dragged his feet ten years ago before agreeing to hear Cerebras’ pitch.
Posted inNews
Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting
Posted by
3
3
This is an interesting look into the cautious approach that VC firms often take with hardware startups. It’s fascinating to see how decisions made a decade ago can lead to such significant outcomes today. Kudos to Benchmark for recognizing the potential!
Absolutely, it highlights the risks involved in hardware investments. It’s fascinating how the landscape is evolving, and with advancements in AI and chip technology, there might be more opportunities for hardware startups in the future.
You’re right, the risks are significant. It’s also interesting to see how the success of Cerebras could change perceptions in the venture capital world, potentially opening more doors for hardware startups in the future.